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From: Webster's Revised Unabridged Dictionary (1913)

 In·cum·ben·cy n.; pl. Incumbencies
 1. The state of being incumbent; a lying or resting on something.
 2. That which is physically incumbent; that which lies as a burden; a weight.
 3. That which is morally incumbent, or is imposed, as a rule, a duty, obligation, or responsibility. “The incumbencies of a family.”
 4. The state of holding a benefice; the full possession and exercise of any office.
    These fines are only to be paid to the bishop during his incumbency.   --Swift.